India’s Basmati Rice exports upward thrust 15.Nine% in Apr-May FY20

India’s Basmati Rice exports upward thrust 15.Nine% in Apr-May FY20

by admin- Monday, July 22nd, 2019 08:32:38 PM

India exported 864028 tonnes of basmati rice really worth $932 million during the first months of 2019-20 economic year, rose 15.Nine% from 745405 tonnes ($819 million) in the corresponding length ultimate 12 months, in line with modern-day statistics from the Agricultural and Processed Food Products Export Development Authority (APEDA).

The shipments of Non-basmati rice, however, fell to more than 1/2 the amount exported ultimate yr. In 2018-19 India exported 1.Fifty two million tonnes of non-basmati rice which has come right down to 711837 tonnes in April-May 2019-20.

The realisation became additionally declined to $294 million in April-May 2019-20 from $652 million within the corresponding length closing yr.

India exported report forty five lakh tonnes of basmati ultimate year earning a foreign exchange of over Rs 30,000 crore.

News Updates